Discounted Cash Flow (DCF) Analysis Levered

CHS Inc. (CHSCM)

$24.75

+0.32 (+1.31%)
All numbers are in Millions, Currency in USD

Free Cash Flow

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 31,934.7532,683.3531,900.4528,406.3738,448.0340,788.1543,270.6945,904.3348,698.2651,662.25
Revenue (%)
Operating Cash Flow 932.991,072.071,139.931,087.23757.811,270.431,347.761,429.791,516.811,609.13
Operating Cash Flow (%)
Capital Expenditure -444.40-355.41-443.2214.9128.01-305.35-323.93-343.65-364.56-386.75
Capital Expenditure (%)
Free Cash Flow 488.60716.66696.721,102.13785.82965.091,023.831,086.141,152.251,222.38

Weighted Average Cost Of Capital

Share price $ 24.75
Beta 0.000
Diluted Shares Outstanding -
Cost of Debt
Tax Rate -7.42
After-tax Cost of Debt 5.88%
Risk-Free Rate
Market Risk Premium
Cost of Equity 3.804
Total Debt 1,779.31
Total Equity -
Total Capital -
Debt Weighting -
Equity Weighting -
Wacc

Build Up Free Cash Flow

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 31,934.7532,683.3531,900.4528,406.3738,448.0340,788.1543,270.6945,904.3348,698.2651,662.25
Operating Cash Flow 932.991,072.071,139.931,087.23757.811,270.431,347.761,429.791,516.811,609.13
Capital Expenditure -444.40-355.41-443.2214.9128.01-305.35-323.93-343.65-364.56-386.75
Free Cash Flow 488.60716.66696.721,102.13785.82965.091,023.831,086.141,152.251,222.38
WACC
PV LFCF -----
SUM PV LFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) 1,246.83
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt 1,366.15
Equity Value -
Shares Outstanding -
Equity Value Per Share -